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Wednesday, February 23, 2011

BAJAJ ALLIANZ CASH GAIN POLICY

About Policy :
Bajaj Allianz Insurance Company Limited introduced the new policy that is related to Cash Gain Insurance Plan. Your invested money is safe in this policy because your policy amount 50% will invest in Government sectors projects.

Insurance Details :
Bajaj Allianz Cash Gain Insurance Plan is complete your needs for insurance protection will vary at different stages of life. Sometimes, you may need to release a part of your savings from insurance commitments and utilize it for other pressing needs. The Bajaj Allianz Cash Gain is ideal for those who want to reap and enjoy the benefits of their life insurance policy at regular intervals during their life time.

Bajaj Allianz Cash Gain is a specially designed plan that offers a host of additional rider benefits you may choose to develop a sound financial portfolio for your family. Among the many unique benefits, the most significant is the family income benefit (FIB) that sustains the family by compensating the loss of regular income due to death or permanent disability.

Able as :
Bajaj Allianz Cash Gain Economy = The basic package.
Bajaj Allianz Cash Gain Gold = With double protection.
Bajaj Allianz Cash Gain Diamond = Triple protection.
Bajaj Allianz Cash Gain Platinum = Quadruple protection.

A Life Cover :
Giving you regular Cash Benefits, this plan takes care or your life insurance needs also. On death during the term of policy, the following would be paid irrespective of the cash benefits already paid.
Bajaj Allianz Cash Gain Economy = Sum assured + Bonuses.
Bajaj Allianz Cash Gain Gold = Double sum assured + Bonuses.
Bajaj Allianz Cash Gain Diamond = Triple sum assured + Bonuses.
Bajaj Allianz Cash Gain Platinum = Quadruple sum assured + Bonuses.

Additional Protection for you and your family :
You have the option to add the following additional rider benefits, providing total protection against uncertainties.
1) Family Income Benefit – The Ultimate Protection – For Your Loved Ones.
2) Comprehensive Accident Protection.
3) Critical Illness Benefit.
4) Hospital Cash Benefit.
5) Mahila Gain Rider Benefit.

Accidental Death Benefits :
Accidents are always sudden and sometimes fatal. You can’t lessen the emotional shock, but you can certainly soften the financial one. Bajaj Allianz Accidental Death Benefit gives the loved ones something to start with after the permanent loss of income by paying an amount equal to the sum assured. Subject to a maximum of Rs.50,00,000/- under all policies with Bajaj Allianz taken together.

Increase in risk coverage :
Every added responsibility in your life calls for increase in your risk cover. We provide you the option to increase coverage upto 50% of the basic sum assured on each of the following happy moments in your life.
Your Marriage.
The birth of your first child.
The birth of your second child.

Advantage to Women :
There will be a premium discount for female policy holders in the package. Basic premium payable will be equivalent to the premium for a two year younger male policy holder for the base policy only.

Tax Benefits :
The premium paid are eligible for Tax under this plan benefits under section 80C of the Income Tax Act. Tax free under section 10(10)D of the Income Tax Act. The premiums for the critical Illness Benefits and the Hospital Cash Benefit will be eligible for Tax Exemption under Section 80D of the Income Tax Act.

Loans :
Loans are not available under this plan.

Change of Occupation :
Change of occupation depending upon the nature of the new occupation, the premiums and benefit with respect to the critical illness and Hospital Cash may be modified.

General Exlusion :
In Case the life assured commits suicide within one year of the date of commencement or reinstatement of the policy, the benefits of the plan would not be payable, and the premiums paid would be refunded.

And you have 15 days fee look period also.

If you want to purchase this policy please contact your nearest Bajaj Allianz Life Insurance Branch or contact me on : +91-98860-43598.

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